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These days, finding an affordable place to live in the Manhattan Beach area can be challenging. Home prices in Manhattan Beach are now at a median cost of $462,058, higher than the Minnesota average of $345,793.
The average cost of rent is $1,027/mo in Manhattan Beach, primarily driven by the current value of real estate in the Manhattan Beach area. In Manhattan Beach, 5.08% of households rent, and 47.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Manhattan Beach is $7,589 per month. Households that rent pay about 13.53% of their income on rent here. Manhattan Beach’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Swanburg, MN: equally priced homes
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- Outing, MN: less expensive homes
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Cities with Similar Populations
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- Gilgo, NY: equally priced homes
- Young Place, NM: less expensive homes
- Georgetown, AR: less expensive homes
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